Experts report MMK’s project is in compliance with Kyoto Protocol

Magnitogorsk Iron and Steel Works (MMK) has announced a successful passing of an independent expertise (determination) of its project “Mastering of Electric Steel-Melting Method at MMK” for compliance with Kyoto Protocol. The total reduction of greenhouse gasses emission in the project reached 7.4M tons in 2008-2009. The expertise was held by Bureau Veritas Certification Holding SAS. Basing on the positive conclusion of the auditing company MMK is ready to apply for participation in a tender of the Russian government for carbon emissions register.